Poor Student Posts: The Public vs Private College Debate

 

 Private schools mean huge tuition bills, right? But does that assumption hold up for doctoral programs in Audiology?  Today’s post by Kevin Liebe, AuD, checks out costs of private university programs compared to public school AuD program tuition costs discussed last week.

 

Private or Public? 

 

In-state public tuition rates are lower than non-resident public tuition rates (Table 1, previous post) or private tuition rates.  This is not a surprise.

What is surprising is that private school tuition is not the most expensive option in every case. Tuition rates at the four private schools in our sample ( Fig 1, below) were  lower than at four out of nine public university  non-resident programs sampled (see Fig 2).

Figure 1. 4 Year Tuition Cost Estimates for Private Schools.
Figure 1. 4 Year Tuition Cost Estimates for Private Schools.

 

Program costs varied by about $40K among private schools (Fig 1).  That is a big range, but it was small in comparison to the range in public university programs.  Tuition costs for the latter varied by $60K for in-state and by  $100K for non-residents.  

 

Figure 2. 4 Year Tuition Cost Estimates for non-residents at public universities.
Figure 2. 4 Year Tuition Cost Estimates for non-residents at public universities.
 

 

What’s the Take Home on Privates?

 

If you’re a prospective student and you don’t have an AuD program in your state, or you are from another country, don’t discount attending private university as an option. You might  save tens of thousands of dollars in tuition by going to a private school.

 Even if you are a resident of a state that has an AuD program, there still may be advantages to choosing a private university.  Unlike public universities, private schools are not at the mercy of state budget cuts.  

It behooves prospective students  to apply economic principles to determine the Utility they derive from the Price an institution sets for its educational product.  Understanding that tuition costs are sunk costs representing choices made at the expense (opportunity cost) of foregone choices will give prospective students a better view of their choices and costs of those choices.  That takes us to the bigger economic picture.

 

Some Economic Speculation

 

The recent economy forced state budget cuts across the nation.  Those have significantly impacted higher education funding for public universities. Due to less reliance on state budget forecasts, and lower allocations for several years during the recession, scholarships and other tuition assistance were at risk in public institutions.  As a result, such funding may be more widely available at private universities at present.

Private universities have seen slowed growth in tuition rates in recent years, especially compared to their publicly funded counterparts. Therefore, one might forecast that large annual upswings in tuition may be less likely to occur at private institutions in times of economic stress on state budgets. To the extent that the assumption holds up, those looking to do an AuD in future years should include private schools in their cost projections.

 

What’s Next?

 

Results are mixed so far and crystal balls are hard to come by. The best advice to prospective students is to do their due diligence for all schools, rather than relying on conventional wisdom to make their decisions.  

Depending on your individual situation as a prospective AuD student,there may be advantages to attending private school over a public school or vice versa. Next week we’ll examine the avenue that a large majority of audiologists pursued to get their AuD: Transitional programs.  

 

Levin Liebe, AuD
Kevin Liebe, AuD

 

 Kevin Liebe, AuD, is a clinical audiologist in private practice in Richland, WA. He chairs the Government Relations Committee of the Washington State Academy of Audiology, and is president of the Washington Children’s Hearing Aid Alliance. Dr Liebe has written other posts at HearingHealthMatters

 
 
 
 
 
 
 
Photos courtesy of sociological imagination and Keven Liebe

About Holly Hosford-Dunn

Holly Hosford-Dunn, PhD, graduated with a BA and MA in Communication Disorders from New Mexico State, completed a PhD in Hearing Sciences at Stanford, and did post-docs at Max Planck Institute (Germany) and Eaton-Peabody Auditory Physiology Lab (Boston). Post-education, she directed the Stanford University Audiology Clinic; developed multi-office private practices in Arizona; authored/edited numerous text books, chapters, journals, and articles; and taught Marketing, Practice Management, Hearing Science, Auditory Electrophysiology, and Amplification in a variety of academic settings.